In 2018, the property and casualty insurance market in North America generated 723 billion U.S. dollars in premiums. As for the size of the African market, it was valued at only 17 billion U.S. dollars. The size of the global property and casualty insurance market reached 1.6 trillion U.S. dollars in that year.
Value of property and casualty insurance premiums written worldwide in 2018, by region
(in billion U.S. dollars)
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Value in billion U.S. dollars
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McKinsey & Company. (April 1, 2020). Value of property and casualty insurance premiums written worldwide in 2018, by region (in billion U.S. dollars) [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/1132539/size-property-casualty-insurance-market-global/
McKinsey & Company. "Value of property and casualty insurance premiums written worldwide in 2018, by region (in billion U.S. dollars)." Chart. April 1, 2020. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/1132539/size-property-casualty-insurance-market-global/
McKinsey & Company. (2020). Value of property and casualty insurance premiums written worldwide in 2018, by region (in billion U.S. dollars). Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/1132539/size-property-casualty-insurance-market-global/
McKinsey & Company. "Value of Property and Casualty Insurance Premiums Written Worldwide in 2018, by Region (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Apr 2020, https://www.statista.com/statistics/1132539/size-property-casualty-insurance-market-global/
McKinsey & Company, Value of property and casualty insurance premiums written worldwide in 2018, by region (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1132539/size-property-casualty-insurance-market-global/ (last visited September 01, 2024)
Value of property and casualty insurance premiums written worldwide in 2018, by region (in billion U.S. dollars) [Graph], McKinsey & Company, April 1, 2020. [Online]. Available: https://www.statista.com/statistics/1132539/size-property-casualty-insurance-market-global/